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COMMONWEALTH OF MASSACHUSETTS
COMMISSIONER OF BANKS
Docket No. 2009-149-CO
In the Matter of
ANTONIO BARLETTA, JR.
Mortgage Loan Originator License No.: MLO18717
WHEREAS, ANTONIO BARLETTA, JR., a licensed mortgage loan originator under Massachusetts General Laws chapter 255F, section 2 and 209 CMR 41.00 et seq., has been advised of his right to Notice and Hearing pursuant to Massachusetts General Laws chapter 30A, section 10 and chapter 255F, section 11(b), and having waived those rights, entered into a STIPULATION AND CONSENT TO THE ISSUANCE OF A CONSENT ORDER ("Consent Agreement") with representatives of the Division of Banks ("Division") dated January 25, 2009, whereby, solely for the purpose of settling this matter, Antonio Barletta, Jr. agrees to the issuance of this CONSENT ORDER ("Consent Order") by the Commissioner of Banks ("Commissioner");
WHEREAS, the Division, through the Commissioner, has jurisdiction over the licensing and regulation of persons and entities engaged in the business of a mortgage loan originator in Massachusetts pursuant to Massachusetts General Laws chapter 255F, section 2;
WHEREAS, the Commissioner initially issued a mortgage loan originator license, license number MLO18717 to Antonio Barletta, Jr. to engage in the business of a mortgage loan originator on or about May 16, 2008;
WHEREAS, Antonio Barletta, Jr.'s mortgage loan originator license is maintained by the sole employer of record in the Nationwide Mortgage Licensing System ("NMLS"), authorizing Antonio Barletta, Jr. to originate mortgage loans for such employer in the Commonwealth of Massachusetts;
WHEREAS, Antonio Barletta, Jr.'s employing entity of record in the NMLS has at all relevant times been First Boston Mortgage Corp., mortgage broker license no. MB2254, located at 8 Cedar Street, Unit 67, Chestnut Green, Woburn, MA, 01801;
WHEREAS, a mortgage loan originator may be employed by no more than one entity;WHEREAS, on December 11, 2008, pursuant to the authority granted under Massachusetts General Laws chapter 255E, section 8, the Division commenced an examination/inspection (the "2008 examination/inspection") of the books, accounts, papers, records, and files maintained by The Mortgage Group, Ltd., license no. MB4627, located at 1107 Pleasant Street, Fall River, MA, 02723;
WHEREAS, books and records reviewed by the Division during the 2008 examination/inspection revealed that Antonio Barletta, Jr. originated five (5) residential mortgage loans on behalf of The Mortgage Group, Ltd. at times during which, according to his attested NMLS record, he was both employed by and sponsored by First Boston Mortgage Corp.; and
WHEREAS, the parties now seek to resolve by mutual agreement, the aforementioned matters.
NOW COME the parties in the above-captioned matter, the Division and Antonio Barletta, Jr., and stipulate and agree as follows:
BY ORDER AND DIRECTION OF THE COMMISSIONER OF BANKS.
Dated at Boston, Massachusetts, this 25th day of January, 2010
By: Steven L. Antonakes
Commissioner of Banks
Commonwealth of Massachusetts